Vault-13

FEDERATED HERMES PREM MUNI I FMN

COM · Closed-End Fund · CUSIP 31423P108

47 institutional holders -1 vs Q2 2023
4,654,9604.7m shares reported held*
$44.6mreported value*
6 new 15 added 14 reduced 7 sold out net bought ≈ $5.4m (+563.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.58.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 48Q4 22: 46Q1 23: 45Q2 23: 48Q3 23: 4747Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202248
Q4 202246
Q1 202345
Q2 202348
Q3 202347

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 24 bought or addedQ4 22: 17 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 18 cut or sold outQ1 23Q2 23: 16 bought or addedQ2 23: 23 cut or sold outQ2 23Q3 23: 21 bought or addedQ3 23: 21 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222417
Q1 20232118
Q2 20231623
Q3 20232121

Biggest buyers

Saba Capital Management, L.P. Added +446,787+446.8k
Alpine Global Management, LLC Added +69,200+69.2k
ADVISOR PARTNERS II, LLC New +68,438+68.4k
GUGGENHEIM CAPITAL LLC Added +46,593+46.6k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Added +43,535+43.5k
Logan Stone Capital, LLC Added +41,784+41.8k
AQR Arbitrage LLC Added +38,712+38.7k
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +21,839+21.8k
BANK OF AMERICA CORP /DE/ Added +21,465+21.5k
Bank of New York Mellon Corp New +15,509+15.5k

Biggest sellers

Houlihan Financial Resource Group, Ltd. Sold out -103,292-103.3k
Ackerman Capital Advisors, LLC Reduced -39,089-39.1k
Invesco Ltd. Sold out -23,742-23.7k
XML Financial, LLC Reduced -13,500-13.5k
COMMONWEALTH EQUITY SERVICES, LLC Sold out -13,452-13.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -12,921-12.9k
UBS Group AG Reduced -12,586-12.6k
MAI Capital Management Sold out -10,646-10.6k
DRIVE WEALTH MANAGEMENT, LLC Reduced -9,565-9.6k
MORGAN STANLEY Reduced -9,104-9.1k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BANK OF AMERICA CORP /DE/ 13D · may seek influence no change · filed 2026-04-06 100.0% no change 1.1k 2026-04-06

Fell to 5% or below in the last year: FIRST TRUST PORTFOLIOS LP (3.2%, 2026-01-30)

Insider purchases and sales in Q3 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 0.35% of their portfolio NEW YORK, NY 1,137,4041.1m $10.9m $10.9m 0.35% Added +446.8k +446,787
2 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.17% of their portfolio WEST PALM BEACH, FL 336,877336.9k $3.2m $3.2m 0.17% Added +21.8k +21,839
3 1607 Capital Partners, LLC 0.23% of their portfolio Richmond, VA 317,397317.4k $3.0m $3.0m 0.23% Unchanged
4 Hennion & Walsh Asset Management, Inc. 0.19% of their portfolio Parsippany, NJ 311,611311.6k $3.0m $3.0m 0.19% Reduced -5.9k -5,878
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 285,151285.2k $2.7m $2.7m 0.00% Reduced -9.1k -9,104
6 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 251,882251.9k $2.4m $2.4m 0.02% Added +46.6k +46,593
7 ROBINSON CAPITAL MANAGEMENT, LLC 0.88% of their portfolio GROSSE POINTE FARMS, MI 204,402204.4k $2.0m $2.0m 0.88% Added +8.6k +8,627
8 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.15% of their portfolio London, X0 180,874180.9k $1.7m $1.7m 0.15% Added +43.5k +43,535
9 Logan Stone Capital, LLC 0.47% of their portfolio CHICAGO, IL 179,179179.2k $1.7m $1.7m 0.47% Added +41.8k +41,784
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 166,809166.8k $1.6m $1.6m 0.00% Added +21.5k +21,465
11 Alpine Global Management, LLC 0.18% of their portfolio NEW YORK, NY 156,624156.6k $1.5m $1.5m 0.18% Added +69.2k +69,200
12 AQR Arbitrage LLC 0.06% of their portfolio Greenwich, CT 142,750142.8k $1.4m $1.4m 0.06% Added +38.7k +38,712
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 111,710111.7k $1.1m $1.1m 0.00% Reduced -12.6k -12,586
14 GILL CAPITAL PARTNERS, LLC 0.46% of their portfolio DENVER, CO 109,331109.3k $1.0m $1.0m 0.46% Added +30 +30
15 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 72,33272.3k $692.9k $692.9k 0.00% Reduced -3.3k -3,325
16 ProVise Management Group, LLC 0.06% of their portfolio CLEARWATER, FL 68,80068.8k $659.1k $659.1k 0.06% Reduced -6.4k -6,419
17 ADVISOR PARTNERS II, LLC 0.03% of their portfolio WALNUT CREEK, CA 68,43868.4k $655.6k $655.6k 0.03% New
18 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 58,62258.6k $561.6k $561.6k 0.00% Reduced -1.7k -1,700
19 Ackerman Capital Advisors, LLC 0.14% of their portfolio DALLAS, TX 53,82853.8k $515.7k $515.7k 0.14% Reduced -39.1k -39,089
20 RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio MINNEAPOLIS, MN 46,08846.1k $441.5k $441.5k 0.01% Added +3.4k +3,409
21 Matisse Capital 0.30% of their portfolio PORTLAND, OR 44,58844.6k $427.2k $427.2k 0.30% Unchanged
22 HORIZON KINETICS ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 35,18935.2k $337.1k $337.1k 0.01% Unchanged
23 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 35,02035.0k $335.5k $335.5k 0.00% Reduced -2.7k -2,744
24 XML Financial, LLC 0.04% of their portfolio BETHESDA, MD 33,22033.2k $318.2k $318.2k 0.04% Reduced -13.5k -13,500
25 SIT INVESTMENT ASSOCIATES INC 0.01% of their portfolio Minneapolis, MN 31,47531.5k $302.0k $302.0k 0.01% Added +3.2k +3,173
26 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 29,92529.9k $286.7k $286.7k 0.01% Unchanged
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 29,37029.4k $281.4k $281.4k 0.00% Reduced -1 -1
28 Capital Market Strategies LLC 0.27% of their portfolio PALM BEACH GARDENS, FL 28,11028.1k $270.4k $270.4k 0.27% Added +1.4k +1,395
29 DRIVE WEALTH MANAGEMENT, LLC 0.07% of their portfolio LEHI, UT 18,67218.7k $179.5k $179.5k 0.07% Reduced -9.6k -9,565
30 Cedar Brook Financial Partners, LLC 0.04% of their portfolio CLEVELAND, OH 16,02716.0k $153.5k $153.5k 0.04% Unchanged
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 15,50915.5k $148.6k $148.6k 0.00% New
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 14,34314.3k $137.0k $137.0k 0.00% Reduced -4.5k -4,500
33 Schneider Downs Wealth Management Advisors, LP 0.03% of their portfolio Pittsburgh, PA 13,26013.3k $127.0k $127.0k 0.03% Unchanged
34 Ramiah Investment Group 0.13% of their portfolio BROOKFIELD, WI 12,82212.8k $122.8k $122.8k 0.13% Reduced -1.5k -1,517
35 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 10,94610.9k $104.9k $104.9k 0.00% Unchanged
36 AMERICAN NATIONAL BANK & TRUST 0.02% of their portfolio WICHITA FALLS, TX 10,66010.7k $102.1k $102.1k 0.02% New
37 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,3918.4k $80.4k $80.4k 0.00% Added +100 +100
38 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 3,7003.7k $35.4k $35.4k 0.00% Unchanged
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,1681.2k $11.2k $11.2k 0.00% New
40 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,0001.0k $10.0k $10.0k 0.00% New
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 405405 $3.9k $3.9k 0.00% Unchanged
42 Mascoma Wealth Management LLC 0.00% of their portfolio HANOVER, NH 333333 $3.2k $3.2k 0.00% Unchanged
43 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 300300 $2.0k $2.0k 0.00% Unchanged
44 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 191191 $1.8k $1.8k 0.00% Reduced -989 -989
45 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 163163 $2.0k $2.0k 0.00% Added +7 +7
46 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6464 $613 $613 0.00% New
47 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged